Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - tds tcs data feeding and report
What's the process to merge two TCS bills into one payment voucher?
You can merge the two TCS bill in the payment voucher on the basis of sub category code or reference to be selected in the TCS window.
Why would the taxable amounts be different between two similar vouchers?
The taxable amounts be different in two similar vouchers, If you apply the bill sundry after the GST then it wil not consider in the taxable amount.
How do I add another general entry for TDS?
To add another general entry for TDS, go to the General Voucher screen and select the TDS ledger. Then enter the necessary details and save the entry.
Why can't I save the customized TDS tax categories and rates in the software?
You will be able to the customize the tds rate from the company super user, if you have not given the rights to the sub user.
How can I generate TDS certificates for vendors using BUSY?
You can generate the form 16 from the below steps.
Step 1: Click on print/email/sms menu
Step 2: Then TDS/TCS reports
Step 3: Then form 16A
I made a new TDS bill entry, but it is not getting picked up by default during invoice creation. How can I set the new TDS bill entry as the default option?
The BUSY software pick the only default bill sundry from the F4 shortcut key. The new bill sundry have to add it manually in the voucher.
I want the accounting software to pick up a new TDS bill entry I created rather than the old default one. What configuration do I need to change for this?
The BUSY software pick the only default bill sundry from the F4 shortcut key. The new bill sundry have to add it manually in the voucher.
The TDS amount is not reflecting in my sales bills even after deducting TDS. What settings do I need to change in BUSY to show TDS deductions on bills?
If the TDS amount is not reflecting in the sales voucher then make sure that the TDS bill sundry should be configured properly in the BUSY.
The accounting software automatically applies a default TDS bill entry when I create new invoices. How can I override this and select my preferred TDS bill entry instead?
The BUSY software pick the only default bill sundry from the F4 shortcut key. The new bill sundry have to add it manually in the voucher.
I have enabled TDS in BUSY, but I am still not able to generate Form What could be the reason for this?
Pls follow the steps to generate the form 16 A.
Step 1: Click on print/email/sms menu
Step 2: Then TDS/TCS reports
Step 3: Then form 16A